Wednesday, September 20, 2017

Wake Up America, We Are Drowning In Debt

I’m finding it difficult to choose a quote to reprint here so I highly advise you read the whole post. This is 100% true, scary and a major issue.

Those in power pretend near zero interest rates eight years after the recession was supposedly over is normal. They pretend $500 billion to $1.4 trillion annual deficits are normal. They pretend 20% unemployment is really 4.4%. They pretend the stock market is at all-time highs due to an improving economy rather than central bank easy money and corporate stock buybacks. They pretend $20 trillion of debt and $200 trillion of unfunded welfare promises is no problem. We are living in the grand delusion.”

Get over your transgender and statue-removing complaints. Unsustainable debt and annual deficits are THE true issues of our time.

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